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AUTONATION, INC. — Director's Dealing 2021
Jan 6, 2021
30725_dirs_2021-01-06_1a091d2d-cfc5-4236-962e-d70bacaafc0f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AUTONATION, INC. (AN)
CIK: 0000350698
Period of Report: 2021-01-04
Reporting Person: GRUSKY ROBERT R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-04 | Common Stock, par value $0.01 per share | A | 3671 | — | Acquired | 48392 | Direct |
| 2021-01-06 | Common Stock, par value $0.01 per share | M | 5000 | $35 | Acquired | 53392 | Direct |
| 2021-01-06 | Common Stock, par value $0.01 per share | S | 5000 | $72.50 | Disposed | 48392 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-06 | Stock Option (right to buy) | $35.0 | M | 5000 | Disposed | 2022-03-01 | Common Stock, par value $0.01 per share (5000.0) | Direct |
Footnotes
F1: 2021 grant of 3,671 vested restricted stock units (the "RSUs") pursuant to the AutoNation, Inc. 2014 Non-Employee Director Equity Plan (as amended, the "2014 Director Plan"). The RSUs will settle in shares of common stock, par value $0.01 per share, of AutoNation, Inc. (the "Company") in accordance with the terms of the award, including any deferral election made by the reporting person, and the 2014 Director Plan. Settlement of the RSUs will be accelerated in certain circumstances as provided in the terms of the award and the 2014 Director Plan, including in the event the reporting person ceases to serve as a non-employee director of the Company.
F2: Transaction completed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2020.
F3: The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2012.